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Current as of January 01, 2024 | Updated by Findlaw Staff
1. A publicly traded corporation shall hold a special meeting of shareholders upon the demand of its shareholders as provided in section 10-19.1-72, except that, regardless of the purpose for the meeting, the shareholders demanding the meeting must own beneficially ten percent or more of the voting power of all shares entitled to vote on each issue proposed to be considered at the special meeting.
2. The articles or bylaws of a publicly traded corporation may not restrict:
a. The period during which shareholders may call a special meeting of shareholders; or
b. The business that may be conducted at a special meeting.
Cite this article: FindLaw.com - North Dakota Century Code Title 10. Corporations § 10-35-13. Call of special meeting of shareholders - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-10-corporations/nd-cent-code-sect-10-35-13/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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